NESsT has been selected by ImpactAssets – an impact investing trailblazer dedicated to changing the trajectory of our planet’s future and improving the lives of all people – to its ImpactAssets 50 2022 list of impact fund managers.
“We are thrilled to be selected for our innovative impact investing approaches that seek to address pressing issues in the world; this demonstrates NESsT’s significant progress in becoming a recognized impact-first fund manager.” - Loic Comolli, NESsT Co-CEO.
The IA 50 is the first publicly available database that provides a gateway into the world of impact investing for investors and their financial advisors, offering an easy way to identify experienced impact investment firms and explore the landscape of potential investment options. This year marks the eleventh edition of the IA 50, which now includes the IA 50 Emerging Impact Managers list and IA 50 Emeritus Impact Managers list. Across all three categories,143 impact fund managers reported assets totaling $116.96 billion invested in a range of asset classes and impact themes.
“We’re excited about this year’s IA 50, with its dramatic expansion and diversification of impact fund managers across a spectrum of strategies, geographies, and investment targets,” said Jed Emerson, ImpactAssets Senior Fellow, IA 50 Review Committee Chair and Global Lead, Impact Investing with Tiedemann Advisors. “This group of managers reflects the intentionality of our manager selection process to provide investors with a resource that shines a light on the breadth and diversity of impact fund managers. These managers bring unique and informed perspectives to the challenges impact investing is addressing.”
“The caliber of this year’s IA 50 lists is a product of the rigorous application scoring and analysis process that the IA 50 Review Committee has fine-tuned through the years,” added Sandra Kartt, CFA, Managing Director, Investments, ImpactAssets.
About NESsT
NESsT invests in high-impact, high-growth small businesses in emerging markets with growing economies but persistent inequality. NESsT operates two businesses: 1- Impact funds that provide debt financing to small and growing businesses; and 2- Incubators that accelerate early-stage enterprises towards investment readiness.
Since 1997, NESsT has incubated and financed 200 enterprises to sustain more than 70,000 formal jobs targeting vulnerable women, at-risk youth, smallholder farmers, and minorities. Our organization has impacted a total of 19,000 entrepreneurs and improved 670,000 lives across 50 countries. NESsT targets employment creation in the following areas: Climate change through regenerative agriculture, circular economy, and green jobs; Gender equity through the economic empowerment of women; and Workforce development through the diversity and inclusion of underserved talent.
About ImpactAssets
ImpactAssets is an impact investing trailblazer, dedicated to changing the trajectory of our planet’s future and improving the lives of all people. As a leading impact investing firm, we offer deep strategic expertise to help our clients define and execute on their impact goals. Founded in 2010, ImpactAssets increases flows of money to impact investing in partnership with our clients through our impact investment platform and field-building initiatives, including the IA 50 database of private debt and equity impact fund managers. ImpactAssets has more than $2 billion in assets in 1,700 donor-advised fund accounts, working with purpose-driven individuals and their wealth managers, family offices, foundations and corporations. ImpactAssets is an independent 501(c)(3) organization.